HR

Bank holidays in Hungary in 2024

Learn about all the holidays and special days when your business is supposed to be closed, or when special wage supplements need to be provided to employees working on these occasions.

The post Bank holidays in Hungary in 2024 appeared first on HELPERS.

Changes to taxes in 2024 in Hungary relevant for HR

While major taxes do not change very often in Hungary, the system is tweaked every year. Read on to learn about changes to taxes most relevant to employees and HR, such as fringe benefits, the social contribution tax, and taxes on various types of gifts.

The post Changes to taxes in 2024 in Hungary relevant for HR appeared first on Helpers Finance.

Salaries and payroll taxes in 2024, Hungary

Like every year, minimum wages have recently been adjusted to offset the impact of inflation. The minimum wage was increased by ca. 15%, and the guaranteed minimum salary by ca. 10%. There have been no changes to payroll taxes in 2024. At the same time, there are some new features for the SZÉP Card.

The post Salaries and payroll taxes in 2024, Hungary appeared first on Helpers Finance.

Minimum wage in Hungary in 2024

The Hungarian government has announced the minimum wage and the guaranteed minimum salary for 2024. The gross minimum wage will increase by 15%, and the guaranteed minimum salary by 10%. The increase is implemented early, as of 1 December 2023.

The post Minimum wage in Hungary in 2024 appeared first on Helpers Finance.

Budget for the payroll costs at your Hungarian company

Before you make your first hire at your Hungarian company, consider the payroll costs you will incur through their employment. Read on to learn about minimum wages, payroll taxes, and company costs.

The post Budget for the payroll costs at your Hungarian company appeared first on Company Formation.

Heating at the office – winter work safety in Hungary

While fall is warm and mild this year, we are already in the season where heaters will inevitably be switched on all over Hungary. Since temperature is an essential element of an appropriate working environment, heating at the office will play an important role in the health as well as the productivity of your employees.

The post Heating at the office – winter work safety in Hungary appeared first on Helpers Hungary.

Heating at the office – winter work safety in Hungary

While fall is warm and mild this year, we are already in the season where heaters will inevitably be switched on all over Hungary. Since temperature is an essential element of an appropriate working environment, heating at the office will play an important role in the health as well as the productivity of your employees.

The post Heating at the office – winter work safety in Hungary appeared first on HELPERS.

Hungarian pension tax records accessible online

As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the Treasury, and see if everything is fine. Read on to learn how that works.

The post Hungarian pension tax records accessible online appeared first on Helpers Finance.

What is the pink social security booklet and what does it contain?

If you are working in employment in Hungary, you have a social security booklet to your name that contains information about your insurance status. If you are working your first job, you have probably never seen it, and you will not see it until your last day at your current employer.

The post What is the pink social security booklet and what does it contain? appeared first on Hungarian Work Permit.

Do I get a refund on my taxes intended to cover pension payments upon leaving Hungary?

If you leave Hungary before you reach retirement age, you do not get a refund on these taxes. However, you will be compensated depending on where you retire.

The post Do I get a refund on my taxes intended to cover pension payments upon leaving Hungary? appeared first on Helpers Hungary.